1. Why is Moores Law important for managers? How does it influence managerial thinking?

1. What is price elasticity? How does Moores Law relate to this concept? Whats special about falling chip prices compared to price drops for products like clothing or food?

2. How does Moores Law impact production and inventory decisions?

3. The Internet of Things makes for compelling commercials, but what needs to happen before a world of interconnected, coordinating devices can become a reality? What implications does this raise for business and society with respect to issues such as privacy and security? If you were GE, would you seek to keep the communication language among smart devices proprietary or open? Why or why not?

4. Why do commercial firms contribute to open source consortia and foundations?

5. How is Microsoft combating the threat of open source software and other free tools that compete with its commercial products?